Preliminary Closing Statement definition

Preliminary Closing Statement shall have the meaning set forth in Section 2.3(a).

Preliminary Closing Statement has the meaning set forth in Section 1.5(a).

Preliminary Closing Statement is defined in Section 2.4(a).

Examples of Preliminary Closing Statement in a sentence

• The net amount due Seller or Purchaser, if any, by reason of adjustments to the Preliminary Closing Statement as shown in the Final Closing Statement, shall be paid in cash by the party obligated therefor within ten (10) days following the date of the Final Closing Statement.

• To the extent that Prepaid Expenses have been accrued and not paid by Seller or prepaid by customers prior to the Closing Date, they shall appear as a Liability on the Preliminary Closing Statement and the Final Closing Statement.

• Within ninety (90) days following the Closing, representatives of Purchaser and Seller shall prepare a revised statement (the “Final Closing Statement”, and together with the initial and the updated Preliminary Closing Statement, collectively, the “Closing Statements”) setting forth the final determination of all items to be included in the Closing Statements, and any necessary payment shall be made to the other in cash within five (5) days after completion of such Final Closing Statement.

• Based on each of the party's comments, if any, regarding the Preliminary Closing Statement, Escrow Agent shall revise the Preliminary Closing Statement and deliver a final, signed version of a closing statement to each of the parties at the Closing (the "Closing Statement").

• Based on each of the Party’s reasonable comments, if any, regarding the Preliminary Closing Statement, Escrow Agent shall revise the Preliminary Closing Statement and each of the Parties shall, subject to its reasonable approval, deliver a final closing statement to Escrow Agent as set forth in Article 3 (the “Closing Statement”).

More Definitions of Preliminary Closing Statement

Preliminary Closing Statement has the meaning set forth in Section 2.04.

Preliminary Closing Statement has the meaning set forth in Section 2.2(b)(i).

Preliminary Closing Statement means the statement reflecting the Assets and Liabilities as of the end of the third (3rd) Business Day prior to the Closing Date, which statement shall be prepared by Seller, in consultation with Purchaser, substantially in the format of Schedule 1.6.

Preliminary Closing Statement. Shall have the meaning given to it in Section 7.1(m).

Preliminary Closing Statement has the meaning set forth in Section 4.3. “Property” has the meaning set forth in Section 2.1.

Preliminary Closing Statement has the meaning set forth in Section 11.1.

Preliminary Closing Statement means a draft closing statement that is ----------------------------- prepared by Seller and presented to Buyer pursuant to Section 2.2 of this Agreement. A form of the Preliminary Closing Statement, showing the manner in which the Purchase Price is to be calculated for such statement, is attached as Exhibit B.